Chase Launches New Credit Card with Small Businesses in Mind

The new Chase Ink Business Preferred card allows business owners to earn reward points for gifts. According to a recent Business Wire article, the card “rewards the spending of today’s businesses with three points per dollar on the first $150,000 spent each account anniversary year in combined purchases on travel, shipping purchases, advertising purchases with search engines and social media sites, and on internet, cable and phone services.”

Small businesses are the target market of the new credit card with an array of features and benefits including the following:

Card Members earn 80,000 bonus after spending $5,000 in first three months ·

Transfer points to leading frequent traveler programs at full 1:1 value ·

Earn 3 points per $1 on the first $150,000 spend on travel including airfare, hotels and car rentals, shipping purchases, Internet/cable/phone, and advertising purchases made with social media sites and search engines

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